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Statistics promises Dogecoin memcoin ($DOGE ) to rise by 6150%
Tardigrade analyst is confident that the value of the popular Dogecoin meme coin will rise to $7.5, as the asset has already formed a triangular consolidation. According to him, the consolidation is the last factor indicating that $DOGE will make a sharp upward jump.
According to Tardigrade, triangular consolidations are formed in every market cycle and are formed before the asset enters the parabolic rally stage.
Recall that the analyst has been outlining optimistic forecasts for the popular coin for the past few days. For example, in one of his past comments, the expert noted a bucket pattern, which also indicates that the coin will soon show a rally in the market.
Crypto expert Javon Marks said that $DOGE could rise to $17 in one candle based on the historical breakout trend. According to it, memcoin always shows a significant jump in value with each successive bull cycle.
However, so far Dogecoin has not shown an upward trend, and its rate barely exceeds the $0.12 level.
Tardigrade analyst is confident that the value of the popular Dogecoin meme coin will rise to $7.5, as the asset has already formed a triangular consolidation. According to him, the consolidation is the last factor indicating that $DOGE will make a sharp upward jump.
According to Tardigrade, triangular consolidations are formed in every market cycle and are formed before the asset enters the parabolic rally stage.
Recall that the analyst has been outlining optimistic forecasts for the popular coin for the past few days. For example, in one of his past comments, the expert noted a bucket pattern, which also indicates that the coin will soon show a rally in the market.
Crypto expert Javon Marks said that $DOGE could rise to $17 in one candle based on the historical breakout trend. According to it, memcoin always shows a significant jump in value with each successive bull cycle.
However, so far Dogecoin has not shown an upward trend, and its rate barely exceeds the $0.12 level.
Who is the Father of Bitcoin? ($BTC )
Many people believe that Bitcoin appeared suddenly and was created by a single person named Satoshi Nakamoto.
However, in reality, Bitcoin is the result of the efforts of dozens or even hundreds of people over 40 years.
Educate Yourself Here
$BTC #BTC☀ $ETH
Many people believe that Bitcoin appeared suddenly and was created by a single person named Satoshi Nakamoto.
However, in reality, Bitcoin is the result of the efforts of dozens or even hundreds of people over 40 years.
Educate Yourself Here
$BTC #BTC☀ $ETH
What is Injective (INJ)?
The Injective blockchain is a specialised layer 1 protocol designed for creating decentralised finance (DeFi) applications with high interoperability and efficiency. It focuses on enabling fast transactions with instant finality, addressing common issues faced in the DeFi space such as slow trade execution and high transaction costs. Injective is particularly noteworthy for its ability to support a variety of advanced financial instruments, including decentralised perpetual swaps, futures, options, and prediction markets.
At its core, Injective is built using the Cosmos SDK and operates on a Tendermint-based proof-of-stake (PoS) consensus mechanism. This not only ensures the network’s security and decentralisation but also contributes to a significantly reduced carbon footprint compared to traditional proof-of-work systems. The platform is designed to be highly developer-friendly, allowing for the creation of custom DeFi applications and the permissionless listing of new markets on decentralised exchange applications built on Injective.
Injective ($INJ )
Injective Protocol is optimised specifically for DeFi applications. Its primary aim is to facilitate the development of highly interoperable cross-chain DeFi applications, enhancing transaction speed and ensuring instant finality. This unique blockchain platform allows developers to build and launch various financial instruments.
One of the key features of Injective is its native smart contract implementation, which enables the permissionless creation and listing of new markets on Decentralised Applications (DApps) developed on the platform. This facilitates deep cross-chain liquidity access and supports a range of DApps with zero gas fees, setting Injective apart in the DeFi space.
Security and governance are central to Injective’s design. The network operates on a Tendermint-based PoS consensus mechanism, facilitating network security and decentralisation through the participation of prominent validators. This mechanism also contributes to a significantly lower carbon footprint.
The INJ token is also used for governance of the Injective PoS blockchain to determine various decisions and upgrades across the chain. In addition to this, INJ tokens provide incentives for exchange within DApps and serve as collateral backing for derivatives in the Injective ecosystem, underlining its multifaceted role vital to the platform.
$INJ can also be used for staking, and as a part of the platform’s economic model, including exchange fee structures and value accrual mechanisms. The platform’s focus on scalability, interoperability, and its robust economic model positions Injective as a notable player in the evolving world of Web3 and DeFi.
How Injective Works
Injective is a Layer 1 blockchain, meaning it operates its own independent network rather than being built on top of another blockchain (like many Layer 2 solutions). This network is fine-tuned for trading applications, offering features tailored to the needs of DEXs and other DeFi platforms.
Injective uses a Tendermint-based PoS system. This involves validators staking $INJ tokens to participate in network consensus. The PoS system on Injective is designed to be efficient and eco-friendly, with instant finality in transaction processing, meaning that once a transaction is included in a block, it’s considered confirmed without needing multiple block confirmations.
One of Injective’s most important qualities is its ability to facilitate cross-chain trading. It enables seamless interoperability among various blockchains, allowing users to access deep liquidity pools and trade a wide range of assets from different networks. This interoperability extends to decentralised perpetual swaps, futures, and other advanced financial instruments.
Unlike many DEXs that rely on automated market makers (AMMs), Injective employs a fully decentralised orderbook model. This approach mirrors traditional finance (TradFi) exchanges, offering traders more control over their orders and potentially leading to more efficient markets.
Injective features a native execution environment for smart contracts, making it uniquely equipped for creating and executing complex trading strategies and financial instruments. This environment is tailored to support high-frequency trading, algorithmic strategies, and other advanced trading functions.
The Injective Protocol adopts a model where end-users don’t have to pay gas fees. This is a significant departure from the typical Ethereum model and can enhance the user experience by removing one of the barriers to entry for new users.
Additionally, INJ can be used as collateral in the trading ecosystem, adding a layer of utility to the token beyond simple transfers.
Educate Yourself Here
#InjectiveBurn
At its core, Injective is built using the Cosmos SDK and operates on a Tendermint-based proof-of-stake (PoS) consensus mechanism. This not only ensures the network’s security and decentralisation but also contributes to a significantly reduced carbon footprint compared to traditional proof-of-work systems. The platform is designed to be highly developer-friendly, allowing for the creation of custom DeFi applications and the permissionless listing of new markets on decentralised exchange applications built on Injective.
Injective ($INJ )
Injective Protocol is optimised specifically for DeFi applications. Its primary aim is to facilitate the development of highly interoperable cross-chain DeFi applications, enhancing transaction speed and ensuring instant finality. This unique blockchain platform allows developers to build and launch various financial instruments.
One of the key features of Injective is its native smart contract implementation, which enables the permissionless creation and listing of new markets on Decentralised Applications (DApps) developed on the platform. This facilitates deep cross-chain liquidity access and supports a range of DApps with zero gas fees, setting Injective apart in the DeFi space.
Security and governance are central to Injective’s design. The network operates on a Tendermint-based PoS consensus mechanism, facilitating network security and decentralisation through the participation of prominent validators. This mechanism also contributes to a significantly lower carbon footprint.
The INJ token is also used for governance of the Injective PoS blockchain to determine various decisions and upgrades across the chain. In addition to this, INJ tokens provide incentives for exchange within DApps and serve as collateral backing for derivatives in the Injective ecosystem, underlining its multifaceted role vital to the platform.
$INJ can also be used for staking, and as a part of the platform’s economic model, including exchange fee structures and value accrual mechanisms. The platform’s focus on scalability, interoperability, and its robust economic model positions Injective as a notable player in the evolving world of Web3 and DeFi.
How Injective Works
Injective is a Layer 1 blockchain, meaning it operates its own independent network rather than being built on top of another blockchain (like many Layer 2 solutions). This network is fine-tuned for trading applications, offering features tailored to the needs of DEXs and other DeFi platforms.
Injective uses a Tendermint-based PoS system. This involves validators staking $INJ tokens to participate in network consensus. The PoS system on Injective is designed to be efficient and eco-friendly, with instant finality in transaction processing, meaning that once a transaction is included in a block, it’s considered confirmed without needing multiple block confirmations.
One of Injective’s most important qualities is its ability to facilitate cross-chain trading. It enables seamless interoperability among various blockchains, allowing users to access deep liquidity pools and trade a wide range of assets from different networks. This interoperability extends to decentralised perpetual swaps, futures, and other advanced financial instruments.
Unlike many DEXs that rely on automated market makers (AMMs), Injective employs a fully decentralised orderbook model. This approach mirrors traditional finance (TradFi) exchanges, offering traders more control over their orders and potentially leading to more efficient markets.
Injective features a native execution environment for smart contracts, making it uniquely equipped for creating and executing complex trading strategies and financial instruments. This environment is tailored to support high-frequency trading, algorithmic strategies, and other advanced trading functions.
The Injective Protocol adopts a model where end-users don’t have to pay gas fees. This is a significant departure from the typical Ethereum model and can enhance the user experience by removing one of the barriers to entry for new users.
Additionally, INJ can be used as collateral in the trading ecosystem, adding a layer of utility to the token beyond simple transfers.
Educate Yourself Here
#InjectiveBurn
Crypto Bull Run: What is it About ?
The cryptocurrency market is known for its ebbs and flows, and enthusiasts are always on the lookout for the next bull run. In this article, we talk about what the “bull run” is and how you can prepare for it to make life-changing gains in the crypto space.
The Bull Run
A “bull run” is when prices keep going up and people feel good about the market. This happens with cryptocurrencies, especially Bitcoin leading the way. During a bull run, prices go higher and higher, which makes investors happy because they see their investments making more money and reaching new records.
Characteristics of the Bull Run
1. Bitcoin price surge
During a bull run, the first big thing you’ll notice is the price of Bitcoin shooting up. It keeps going higher and higher, staying up for a while.
2. Optimism
During a bull run, investors feel good about the market and think prices will keep going up. Everyone in the crypto community gets excited and hopeful. When people feel positive, they buy more, which pushes prices even higher.
3. Increased trading volume
There’s a higher level of buying and selling activity in the market hence there’s an increase in the trading volume recorded across various trading platforms and exchanges.
4. Media attention
The bull runs attract widespread coverage in the media, drawing more people into the market. As the price of Bitcoin and other cryptocurrencies surges, the media spreads the news.
5. New investor influx
More people, including newcomers, start investing in cryptocurrencies. The media attention on cryptocurrency during bull runs makes newbies aware of the crypto market, and they begin to come in in their numbers.
6. Altcoin rally
The party jollof is not left for BTC alone, but many other cryptocurrencies (altcoins) also see substantial price increases. Altcoins hit up to 100x, 1000x, and even more in profit.
7. FOMO (Fear of missing out)
Investors, both new and old, who haven’t invested in cryptocurrency worry about missing out on potential profits, driving more buys. Most times, they end up as exit liquidity.
8. New ATH(All-time Highs)
The Parting Shot
The bull run happens because more people start using cryptocurrencies, rules about them get better, big investors get interested, and more regular people want to join in. But remember, cryptocurrency prices can change a lot, and after a bull run, prices might drop a lot too.
$BTC $ETH $SOL
#MarketSentimentToday
The Bull Run
A “bull run” is when prices keep going up and people feel good about the market. This happens with cryptocurrencies, especially Bitcoin leading the way. During a bull run, prices go higher and higher, which makes investors happy because they see their investments making more money and reaching new records.
Characteristics of the Bull Run
1. Bitcoin price surge
During a bull run, the first big thing you’ll notice is the price of Bitcoin shooting up. It keeps going higher and higher, staying up for a while.
2. Optimism
During a bull run, investors feel good about the market and think prices will keep going up. Everyone in the crypto community gets excited and hopeful. When people feel positive, they buy more, which pushes prices even higher.
3. Increased trading volume
There’s a higher level of buying and selling activity in the market hence there’s an increase in the trading volume recorded across various trading platforms and exchanges.
4. Media attention
The bull runs attract widespread coverage in the media, drawing more people into the market. As the price of Bitcoin and other cryptocurrencies surges, the media spreads the news.
5. New investor influx
More people, including newcomers, start investing in cryptocurrencies. The media attention on cryptocurrency during bull runs makes newbies aware of the crypto market, and they begin to come in in their numbers.
6. Altcoin rally
The party jollof is not left for BTC alone, but many other cryptocurrencies (altcoins) also see substantial price increases. Altcoins hit up to 100x, 1000x, and even more in profit.
7. FOMO (Fear of missing out)
Investors, both new and old, who haven’t invested in cryptocurrency worry about missing out on potential profits, driving more buys. Most times, they end up as exit liquidity.
8. New ATH(All-time Highs)
The Parting Shot
The bull run happens because more people start using cryptocurrencies, rules about them get better, big investors get interested, and more regular people want to join in. But remember, cryptocurrency prices can change a lot, and after a bull run, prices might drop a lot too.
$BTC $ETH $SOL
#MarketSentimentToday
How can one determine the conditions under which they should enter or exit a crypto-trade position?
There are several factors to consider when determining when to enter or exit a crypto-trade position. These include technical analysis, fundamental analysis, market sentiment, and risk management.
******************************
Technical analysis involves the use of charts and technical indicators to identify patterns and trends that can indicate when to buy or sell. For example, a breakout above a key resistance level on a chart may be a signal to buy, while a breakdown below a key support level may be a signal to sell.
*******************************
Fundamental analysis looks at the underlying factors that can affect the value of a crypto-asset. This includes factors such as the overall health of the crypto-market, the technology behind the asset, and the team developing the asset.
*******************************
Market sentiment is the overall attitude or feeling of the market about a particular crypto-asset. This can be determined by studying social media, news articles, and other sources of information.
********************************
Risk management is the process of identifying and managing the risks associated with trading crypto-assets. This includes setting stop-losses, diversifying your portfolio and not risking more than you can afford to lose.
********************************
It's important to note that no single factor should be relied upon exclusively, instead, it's recommended to consider a combination of factors, to create a more holistic view of the market situation.Also, it's crucial to have a well-defined trading plan in place, outlining specific entry and exit points, as well as risk management strategy. This will help you stay disciplined and avoid impulsive decisions based on emotions.
#MarketSentimentToday
$FET $TIA $LINK
Educate Yourself Here
There are several factors to consider when determining when to enter or exit a crypto-trade position. These include technical analysis, fundamental analysis, market sentiment, and risk management.
******************************
Technical analysis involves the use of charts and technical indicators to identify patterns and trends that can indicate when to buy or sell. For example, a breakout above a key resistance level on a chart may be a signal to buy, while a breakdown below a key support level may be a signal to sell.
*******************************
Fundamental analysis looks at the underlying factors that can affect the value of a crypto-asset. This includes factors such as the overall health of the crypto-market, the technology behind the asset, and the team developing the asset.
*******************************
Market sentiment is the overall attitude or feeling of the market about a particular crypto-asset. This can be determined by studying social media, news articles, and other sources of information.
********************************
Risk management is the process of identifying and managing the risks associated with trading crypto-assets. This includes setting stop-losses, diversifying your portfolio and not risking more than you can afford to lose.
********************************
It's important to note that no single factor should be relied upon exclusively, instead, it's recommended to consider a combination of factors, to create a more holistic view of the market situation.Also, it's crucial to have a well-defined trading plan in place, outlining specific entry and exit points, as well as risk management strategy. This will help you stay disciplined and avoid impulsive decisions based on emotions.
#MarketSentimentToday
$FET $TIA $LINK
Educate Yourself Here
NGMI
NGMI is a top choice among crypto phrases which beginners must learn about before entering the crypto space. It is the abbreviation of ‘not gonna make it’ and applies in situations where people make uninformed or impulsive decisions regarding crypto financing. NGMI broadly refers to a mindset that draws back an individual in terms of participation in the crypto landscape. For example, unrealistic goals, such as churning out millions in profits within the first few months.
Educate Yourself Here
$OP $OM $OSMO
NGMI is a top choice among crypto phrases which beginners must learn about before entering the crypto space. It is the abbreviation of ‘not gonna make it’ and applies in situations where people make uninformed or impulsive decisions regarding crypto financing. NGMI broadly refers to a mindset that draws back an individual in terms of participation in the crypto landscape. For example, unrealistic goals, such as churning out millions in profits within the first few months.
Educate Yourself Here
$OP $OM $OSMO
WAGMI
WAGMI is also a common acronym you might come across in discussions about crypto trading. It stands for ‘we are gonna make it’ and serves as a motivational catchphrase, which can encourage positive vibes about the crypto community and industry. Regardless of the fluctuations in the market, crypto owners can hold on to the belief of WAGMI that everything will be fine. Investors use the term frequently in bear markets, specifically with formidable levels of fear, uncertainty, and doubt.
Educate Yourself Here
$USTC $WBTC $WBETH
WAGMI is also a common acronym you might come across in discussions about crypto trading. It stands for ‘we are gonna make it’ and serves as a motivational catchphrase, which can encourage positive vibes about the crypto community and industry. Regardless of the fluctuations in the market, crypto owners can hold on to the belief of WAGMI that everything will be fine. Investors use the term frequently in bear markets, specifically with formidable levels of fear, uncertainty, and doubt.
Educate Yourself Here
$USTC $WBTC $WBETH
GM
GM is probably one of the easiest choices in answers to “What are crypto abbreviations?” with a direct meaning. It denotes Good Morning and encourages positivity in the crypto space alongside the development of online relationships. Generally, the members of the crypto community on Twitter begin their day with a GM tweet, and the followers tweet back with GM as their reply.
Educate Yourself Here
$QUICK $QI $QKC
GM is probably one of the easiest choices in answers to “What are crypto abbreviations?” with a direct meaning. It denotes Good Morning and encourages positivity in the crypto space alongside the development of online relationships. Generally, the members of the crypto community on Twitter begin their day with a GM tweet, and the followers tweet back with GM as their reply.
Educate Yourself Here
$QUICK $QI $QKC
HODL
HODL stands for Hold On for Dear Life, although it was initially just a misspelling of the term HOLD. It is an important concept during high short-term volatility with continuous fluctuations in crypto prices. Upon the reduction in prices of crypto assets, owners should hold on to their assets rather than sell them off immediately for fear of losses.
Educate Yourself Here
$ADA $QNT $QTUM
HODL stands for Hold On for Dear Life, although it was initially just a misspelling of the term HOLD. It is an important concept during high short-term volatility with continuous fluctuations in crypto prices. Upon the reduction in prices of crypto assets, owners should hold on to their assets rather than sell them off immediately for fear of losses.
Educate Yourself Here
$ADA $QNT $QTUM
FUD
The A to Z of cryptocurrency would also include FUD or Fear, Uncertainty, and Doubt, the three elements which create instability in the crypto space. It is a strategy followed by certain groups to create doubt and spread misinformation about a specific transaction or forecast price of competitors. FUD is one of the common strategies for reducing the price of a crypto asset and could burst economic bubbles in the crypto market.
Educate Yourself Here
$AEVO $APT $ARB
The A to Z of cryptocurrency would also include FUD or Fear, Uncertainty, and Doubt, the three elements which create instability in the crypto space. It is a strategy followed by certain groups to create doubt and spread misinformation about a specific transaction or forecast price of competitors. FUD is one of the common strategies for reducing the price of a crypto asset and could burst economic bubbles in the crypto market.
Educate Yourself Here
$AEVO $APT $ARB
FOMO
The expansion of FOMO refers to the Fear of Missing Out, which is one of the common highlights in the crypto world. It is a phenomenon that creates hype about new crypto assets, thereby encouraging new investors to seek better opportunities for returns. FOMO is practically an emotional response that drives people towards making impulsive decisions to purchase tokens at the highest price. Generally, best practices indicate that investors should not respond to FOMO and wait for the market to settle.
Educate Yourself Here
$NOT $NEAR $NEXO
The expansion of FOMO refers to the Fear of Missing Out, which is one of the common highlights in the crypto world. It is a phenomenon that creates hype about new crypto assets, thereby encouraging new investors to seek better opportunities for returns. FOMO is practically an emotional response that drives people towards making impulsive decisions to purchase tokens at the highest price. Generally, best practices indicate that investors should not respond to FOMO and wait for the market to settle.
Educate Yourself Here
$NOT $NEAR $NEXO
BTD
BTD or Buy the Dip refers to a crypto trading phenomenon focused on encouraging the purchase of an asset following a drop in market pricing. It implies the necessity of capitalizing on the opportunity to lock in an asset at a lower price. BTD calls for the investor to trust that the asset price will grow eventually.
Educate Yourself Here
$TFUEL $TRX $TAO
BTD or Buy the Dip refers to a crypto trading phenomenon focused on encouraging the purchase of an asset following a drop in market pricing. It implies the necessity of capitalizing on the opportunity to lock in an asset at a lower price. BTD calls for the investor to trust that the asset price will grow eventually.
Educate Yourself Here
$TFUEL $TRX $TAO
ATH
The next notable addition among crypto acronyms refers to ATH or all-time high. ATH stands for an all-time high, which is the highest price of an asset in terms of market capitalization. In other words, ATH could denote the highest price paid for the concerned crypto asset.
Educate Yourself Here
$TIA $TRB $THETA
The next notable addition among crypto acronyms refers to ATH or all-time high. ATH stands for an all-time high, which is the highest price of an asset in terms of market capitalization. In other words, ATH could denote the highest price paid for the concerned crypto asset.
Educate Yourself Here
$TIA $TRB $THETA
ICO
ICO is another prominent term you would come across frequently in the crypto landscape. It denotes Initial Coin Offering, similar to an IPO listing in stocks. You can think of an ICO as an instrument for raising funds to support crypto projects through minting and selling native digital tokens.
Educate Yourself Here
$MINA $FTM $ATOM
ICO is another prominent term you would come across frequently in the crypto landscape. It denotes Initial Coin Offering, similar to an IPO listing in stocks. You can think of an ICO as an instrument for raising funds to support crypto projects through minting and selling native digital tokens.
Educate Yourself Here
$MINA $FTM $ATOM
PnD
PnD is another addition to the cryptocurrency acronyms list, which denotes a Pump and Dump scheme. It can happen when an individual or a group of individuals inflate the price of a crypto asset by buying more assets, thereby creating demand. The schemers then exchange their high-priced crypto assets for profits, leaving customers with worthless assets.
Educate Yourself Here
$BONK $BOME $KLAY
PnD is another addition to the cryptocurrency acronyms list, which denotes a Pump and Dump scheme. It can happen when an individual or a group of individuals inflate the price of a crypto asset by buying more assets, thereby creating demand. The schemers then exchange their high-priced crypto assets for profits, leaving customers with worthless assets.
Educate Yourself Here
$BONK $BOME $KLAY
